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Projects A and B have approximately the same NPV. Their initial outlays are similar in size. Project A has early positive cash flows, and
Projects A and B have approximately the same NPV. Their initial outlays are similar in size. Project A has early positive cash flows, and little or nothing is expected to come in later on. Project B has much larger positive cash flows than A, but they're farther in the future. Can you make any general statement about which project might be better?
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